WHUT (Howard University Television)
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Jan 21, 2013
01/13
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WHUT
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the economy is growing, but things look pretty fragile. you may remember, early january, congress reached a last-minute deal to avoid automatic tax increases. that relief was only temporary. harsh spending cuts go into effect in march unless there is another deal. america will hit their borrowing limit at that time. congress cannot reach -- if congress cannot reach an agreement, consequences are severe. experts say that america faces a budget crisis like no other unless politicians can agree on those spending cuts and the increase in borrowing. >> he really is confronted with and will be preoccupied for the next several months with this huge fiscal problems in the united states. projections of deficits that are enormous and a clear disagreement between the president's and members of his party and the republicans in congress over what to do with it. >> let's talk about this shocking report that we have both been mentioning. the global economic downturn has hit women and girls the hardest. many households have coped with the economic pressur
the economy is growing, but things look pretty fragile. you may remember, early january, congress reached a last-minute deal to avoid automatic tax increases. that relief was only temporary. harsh spending cuts go into effect in march unless there is another deal. america will hit their borrowing limit at that time. congress cannot reach -- if congress cannot reach an agreement, consequences are severe. experts say that america faces a budget crisis like no other unless politicians can agree on...
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Jan 18, 2013
01/13
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MSNBCW
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. >>> weill a rebound in the world's second largest economy be a bump for the stock exchange? today, we'll see how investors react. >>> stocks came to life thursday thanks to a surprising jump in housing starts and the lowest weekly jobless numbers since january 2008. after the bell, intel ticked lower despite better than expected earnings. more corporate reports ahead today include heavy hitters general electric, part owner of this network, and morgan stanley. gold prices settled around $1690 thursday, meaning that this 177-ounce gold nugget reportedly discovered with a metal detector in australia is worth $300,000. what a find. >>> toyota has settled the first wrongful death lawsuits. >>> oprah winfrey's interview with lance armstrong has turned a pretty penny for her new cable network. according to an executive, ads were expected to sell out. >>> well, so much for towels and juicers. dodge wants people to pitch in for a new car. >>> meanwhile, january is the best time to find travel deals. the four seasons resort on the big island of hawaii. trip adviser named it the best r
. >>> weill a rebound in the world's second largest economy be a bump for the stock exchange? today, we'll see how investors react. >>> stocks came to life thursday thanks to a surprising jump in housing starts and the lowest weekly jobless numbers since january 2008. after the bell, intel ticked lower despite better than expected earnings. more corporate reports ahead today include heavy hitters general electric, part owner of this network, and morgan stanley. gold prices...
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Jan 18, 2013
01/13
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KNTV
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will a rebound in the world's second largest economy be good news on world series? china's growth products sped up by a faster than expected 7.9% in the fourth quarter. we'll see how investors react and how long it will last. >>> stocks came to live thursday thanks to a jump in housing starts and the lowest weekly jobless claim numbers since january 2008. after the bell, chip make intel ticked lower. more corporate reports ahead today, including general electric and morgan stanley. >>> gold prices settled around $1690. meaning this 177 ounce gold nugget reportedly discovered with a medal detecter in australia is worth just under $300,000. pretty good find. >>> toyota has settled the first in a string of wrongful and injury deaths overunintended acceleration. the family of a utah couple killed when a toyota slammed into the wall will collect an undisclosed sum from the automaker. >>> oprah winfrey's interview with lance armstrong has brought a pretty penny for her cable network. ad slots sold at a premium was expeced to sell out. oprah bolstered the ratings by 32% la
will a rebound in the world's second largest economy be good news on world series? china's growth products sped up by a faster than expected 7.9% in the fourth quarter. we'll see how investors react and how long it will last. >>> stocks came to live thursday thanks to a jump in housing starts and the lowest weekly jobless claim numbers since january 2008. after the bell, chip make intel ticked lower. more corporate reports ahead today, including general electric and morgan stanley....
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Jan 18, 2013
01/13
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FBC
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. [ male announcer ] how do you turn an entrepreneur's dream... ♪ into a scooter that talks to the cloud? ♪ or turn 30-million artifacts... ♪ into a high-tech masterpiece? ♪ whatever your business challenge, dell has the technology and services to help you solve it. overmany discounts to thine customs! [old english accent] safe driver, multi-car, paid in full -- a most fulsome bounty indeed, lord jamie. thou cometh and we thy saveth! what are you doing? we doth offer so many discounts, we have some to spare. oh, you have any of those homeowners discounts? here we go. thank you. he took my shield, my lady. these are troubling times in the kingdom. moreiscounts than we knoweth what to do with. now that's progressive
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. [ male announcer ] how do you turn an entrepreneur's dream... ♪ into a scooter that talks to the cloud? ♪ or turn 30-million artifacts... ♪ into a...
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Jan 18, 2013
01/13
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FBC
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we will continue the discussion and find out what has happened and why taking a look now at the economy, its effect on the market today, good news, jobless claims dropping sharply last week, down to the lowest levels, in fact, since january of 2008. the housing sector showing its best performance in four year last month. housing for all of last year rising 28 percent, increases seen across the entire country. the good news includes permits for new start-ups. up 30% last year. the good newsdriving the snb to its best finish since late 2007 with stock prices closed higher for a third straight day. the dow up 85 points, s&p up eight to monastic 18 and a half. a 5-year high. volume on the big board, volume picking up. to bank stocks hurting the dow performance. bank of america reporting disappointing earnings. profits last 63 percent by charges related to billions of dollars in settlements on bad mortgages. city profits down 3% taking a $2 billion charge for litigation costs. not all banks disappointed. pnc profits surging 47%. investors applauding pushing the stock up almost 4%. commoditie
we will continue the discussion and find out what has happened and why taking a look now at the economy, its effect on the market today, good news, jobless claims dropping sharply last week, down to the lowest levels, in fact, since january of 2008. the housing sector showing its best performance in four year last month. housing for all of last year rising 28 percent, increases seen across the entire country. the good news includes permits for new start-ups. up 30% last year. the good...
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Jan 20, 2013
01/13
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CNNW
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the amount of debt that -- >> that's the economy, exactly. i think what's interesting and what i'm looking to see is, what exactly does this vaunted pivot to asia mean? does that mean they're going to take their eye off other crucial areas, like what's happens in africa with the al qaeda affiliates. what about the peace situation in israel? the truth of the matter is unless israel/palestine is fixed and solved, many of these neighboring countries are going to feel the reverberations. >> should that would be a priority? >> i think so. and so do many people who cover that region. it will take political capital and political courage. without a vested u.s. presidential involvement that is really consistent and persistent, not much is going to change. and previous histories have shown when the u.s. president is really into it, things do change. but i think come back to afghanistan, the president wants to get out of that country and is, 2014 will be the out date. this is where al qaeda started. and people are concerned that the u.s. and other force
the amount of debt that -- >> that's the economy, exactly. i think what's interesting and what i'm looking to see is, what exactly does this vaunted pivot to asia mean? does that mean they're going to take their eye off other crucial areas, like what's happens in africa with the al qaeda affiliates. what about the peace situation in israel? the truth of the matter is unless israel/palestine is fixed and solved, many of these neighboring countries are going to feel the reverberations....
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Jan 19, 2013
01/13
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KPIX
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what does it mean to the local economy? >> oh, a lot. this guy, he won't have a job. >> normally we're done november lobstering and that's gonna last until -- the money i made will last until april when we start lobstering again. >> reporter: the cold water shrimp population has dropped by 20 million pounds since 2009. researcher don perkins studies these waters and says they don't know if it's due to climate change, a natural cycle, or both. >> this past year is one of the warmest years we've had here. the bottom temperature here in the gulf of maine where shrimp are caught have been three degrees to five degrees fahrenheit above normal. and that's a huge increase in temperature in the marine environment. >> reporter: how could you characterize the shrimp stocks off the coast of maine today? >> in critical condition. >> reporter: critical? >> critical condition. >> reporter: patrick kelleher is the commissioner of the maine department of marine resources. it's his job to protect the fishery. so he and a committee took the step of limiti
what does it mean to the local economy? >> oh, a lot. this guy, he won't have a job. >> normally we're done november lobstering and that's gonna last until -- the money i made will last until april when we start lobstering again. >> reporter: the cold water shrimp population has dropped by 20 million pounds since 2009. researcher don perkins studies these waters and says they don't know if it's due to climate change, a natural cycle, or both. >> this past year is one of...
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Jan 18, 2013
01/13
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KQED
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economy has finally turned a corner? >> susie: and messy earnings news from two giant banks: a big earnings miss from citigroup, and a big earnings drop at bank of america. investors dump the stocks. >> tom: that and more tonight on "n.b.r."! >> susie: hundreds of flights were canceled today and airlines rushed to make back-up plans after regulators around the world grounded boeing's 787 dreamliner. those actions came after the federal aviation association ordered the plane out of the air after two incidents where lithium ion batteries overheated. boeing says it is confident the 787 is safe and says it stands behind the plane's overall integrity. this is only the second time in
economy has finally turned a corner? >> susie: and messy earnings news from two giant banks: a big earnings miss from citigroup, and a big earnings drop at bank of america. investors dump the stocks. >> tom: that and more tonight on "n.b.r."! >> susie: hundreds of flights were canceled today and airlines rushed to make back-up plans after regulators around the world grounded boeing's 787 dreamliner. those actions came after the federal aviation association ordered...
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Jan 21, 2013
01/13
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KPIX
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. >> it felt like the economy was starting to turn and at the same time the interest rates were getting lower and lower. that created a sense urgency. >> reporter: they are hardly alone. here in east los angeles sales have tripped over the year. they're now selling homes faster than they can build them. >> this community is hopping. there's a lot of activity. >> reporter: this real estate agent says it's a stark contrast to the scene here five years ago when the real estate boom went bust. there was a period when this was like a ghost town. >> that's a very good word for it. it was very desolate. i did a lot of short sales, helped people move out of their homes, out of their dream homes, and had nowhere to put them. >> reporter: and now it's exactly the opposite. >> absolutely. now we're seeing it come full circle. >> reporter: and then some. they haven't even furnished their four-bedroom home with a view, but they've already been approached by people asking -- >> are you interesting in selling? i goo, you'll have to talk to my wife. >> i tell him let's move in first. >> reporter: timin
. >> it felt like the economy was starting to turn and at the same time the interest rates were getting lower and lower. that created a sense urgency. >> reporter: they are hardly alone. here in east los angeles sales have tripped over the year. they're now selling homes faster than they can build them. >> this community is hopping. there's a lot of activity. >> reporter: this real estate agent says it's a stark contrast to the scene here five years ago when the real...
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Jan 18, 2013
01/13
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CURRENT
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their economy depends on it. why would they do this to an american? >> top-level officials in the state department and the embassy as soon as 3:00 today called me and said if you can -- because i didn't come out here to start pointing fingers or hassling anyone other than bringing attention to the situation. they said listen, if you can avoided talking about the tourism aspect, that would be great. i said i can't -- i respect my state department and they're top-notch as well but i can't not mention this. i would say to anyone considering going to egypt right now, avoided egypt with every fiber of your being. until they can prove that they're going to treat visitors, anyone for that matter, ethically and morally stay away. i hope it stings economically. it is my own little private embargo. you can't have this. >> john: we're very happy to welcome any members of the egyptian government to come on and refute your story or give their side of it. i would be eager to hear it and have you back. how can people learn more about you? >> go to stipkolive.com. af
their economy depends on it. why would they do this to an american? >> top-level officials in the state department and the embassy as soon as 3:00 today called me and said if you can -- because i didn't come out here to start pointing fingers or hassling anyone other than bringing attention to the situation. they said listen, if you can avoided talking about the tourism aspect, that would be great. i said i can't -- i respect my state department and they're top-notch as well but i can't...
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Jan 17, 2013
01/13
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KQED
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." >> major funding for the pbs newshour has been provided by: ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. >> and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> brown: algeria's state news agency now says special forces have completed a mission to rescue dozens of foreign hostages, including some americans. they'd been held by militants tied to al-qaeda. but there are wildly varying accounts of how many got out alive, and how many were killed. >> because of the fluidity and the fact that there is a lot of planning going on, i cannot give you any further details at this time about the current situation on the ground. >> brown: even this afternoon, as secretary of state hillary clinton suggested, the situation in algeria remained c
." >> major funding for the pbs newshour has been provided by: ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. >> and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions...
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Jan 16, 2013
01/13
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CSPAN2
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the economy is bad enough now. we'll see how to does after the mind set takes over. >> thank you, david. thank you for coming today. thanks for your remarks. obviously, this is a global economy and financial services, especially it's important to look at it from a global perspective, and it was very useful i think for you to remind us of the comment about europeans especially lit japanese had on the folker rule. with respect to the money market and mutual funds. there's talk of european action here in the near future. i was wondering for you have any advice to our friends across the ocean as far as action or whatnot with respect to the fc correcting might be thinking in doing? >> thank you, mr. commissioner, for your question. i was in london and dublin. i don't know which jurisdiction was interested in the money market fund debate. it's a big industry in both of the locals. and, you know, in both places i was told by industry as well as high level government officials at the ec on the cusp of releasing consultatio
the economy is bad enough now. we'll see how to does after the mind set takes over. >> thank you, david. thank you for coming today. thanks for your remarks. obviously, this is a global economy and financial services, especially it's important to look at it from a global perspective, and it was very useful i think for you to remind us of the comment about europeans especially lit japanese had on the folker rule. with respect to the money market and mutual funds. there's talk of european...
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Jan 17, 2013
01/13
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CNNW
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the 2013 ram 1500 with best-in-class fuel economy. engineered to move heaven and earth. guts. glory. ram. the new ram 1500. motor trend's 2013 truck of the year. the new ram 1500. [ female announcer ] some people like to pretend a flood could never happen to them. and that their homeowners insurance protects them. [ thunder crashes ] it doesn't. stop pretending. only flood insurance covers floods. ♪ visit floodsmart.gov/pretend to learn your risk. isurprise...it's eating less. to losing weight. i'm hungry just thinking about it. thank goodness for new slimful. one delicious, 90-calorie slimful and a glass of water, like before dinner, helps keep me satisfied for hours. so instead of this much, i only need this much. and slimful tastso good... i don't even miss dessert. slimful and a glass of water... eating less is a beautiful thing. >>> a really bizarre, unbelievable story is unfolding. a story that garnered a lot of sympathy and admiration for notre dame linebacker, manti te'o. it's been exposed as a hoax by the website dead spin.com. he almost won the heisman trophy this
the 2013 ram 1500 with best-in-class fuel economy. engineered to move heaven and earth. guts. glory. ram. the new ram 1500. motor trend's 2013 truck of the year. the new ram 1500. [ female announcer ] some people like to pretend a flood could never happen to them. and that their homeowners insurance protects them. [ thunder crashes ] it doesn't. stop pretending. only flood insurance covers floods. ♪ visit floodsmart.gov/pretend to learn your risk. isurprise...it's eating less. to losing...
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Jan 17, 2013
01/13
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WJZ
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eye 86
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." >> major funding for the pbs newshour has been provided by: ♪ ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. >> and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> brown: algeria's state news agency now says special forces have completed a mission to rescue dozens of foreign hostages, including some americans. they'd been held by militants tied to al-qaeda. but there are wildly varying accounts of how many got out alive, and how many were killed. >> because of the fluidity and the fact that there is a lot of planning going on, i cannot give you any further details at this time about the current situation on the ground. >> brown: even this afternoon, as secretary of state hillary clinton suggested, the situation in algeria remained
." >> major funding for the pbs newshour has been provided by: ♪ ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. >> and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by...
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Jan 17, 2013
01/13
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CSPAN
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economy in 2013. real gdp growth in the nine states in the first half of 2013 before below 2% accelerating to 2.6% in the fourth quarter. the committee believes that the combination of tax hikes, a prolonged fight or the debt ceiling, and the possibility of severe spending cuts in 2013 have the potential to really stop this recovery in its tracks. one thing you will notice from our forecast table is that the recession probabilities from the committee are higher than normal. we still have the probability of a recession at 23% and for 2014, 20%. that is a little bit higher than what we typically see. we think the private sector is poised for sustainable growth. i think the housing numbers point to one area of strength, the housing market. the tax hikes at the start of 2013 will create a drag on gdp of at least 1.25%. the potential for additional budget and spending cuts from sequestration could add to the downside risks. we think resolving the debt ceiling in a timely manner and providing more clarity o
economy in 2013. real gdp growth in the nine states in the first half of 2013 before below 2% accelerating to 2.6% in the fourth quarter. the committee believes that the combination of tax hikes, a prolonged fight or the debt ceiling, and the possibility of severe spending cuts in 2013 have the potential to really stop this recovery in its tracks. one thing you will notice from our forecast table is that the recession probabilities from the committee are higher than normal. we still have the...
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Jan 18, 2013
01/13
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KQED
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economy has finally turned a corner? >> susie: and messy earnings news from two giant banks: a big earnings miss from citigroup, and a big earnings drop at bank of america. investors dump the stocks. >> tom: that and more tonight on "n.b.r."! >> susie: hundreds of flights were canceled today and airlines rushed to make back-up plans after regulators around the world grounded boeing's 787 dreamliner. those actions came after the federal aviation association ordered the plane out of the air after two incidents where lithium ion batteries overheated. boeing says it is confident the 787 is safe and says it stands behind the plane's overall integrity. this is only the second time in
economy has finally turned a corner? >> susie: and messy earnings news from two giant banks: a big earnings miss from citigroup, and a big earnings drop at bank of america. investors dump the stocks. >> tom: that and more tonight on "n.b.r."! >> susie: hundreds of flights were canceled today and airlines rushed to make back-up plans after regulators around the world grounded boeing's 787 dreamliner. those actions came after the federal aviation association ordered...
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Jan 15, 2013
01/13
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CNNW
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that hit markets and the wider economy hard, but it didn't cause interest rates to increase. this time could be different, however, because the rest of the world is getting its act together. even successful businesses like ford are worried. here's what ceo alan mulally told me today. >> i think the most important thing to your point is that we come together around a solution that allows us to live within our means, to reduce our budget deficits, and also to deal with our trade deficits, and create an environment where the businesses can grow in the united states. the most important thing is we come together with a comprehensive solution, not just working one piece or the other, but a comprehensive solution where we can start to grow the economy again for everybody. >> but the order in which we do things matters. first, raise the debt ceiling, allowing america to pay for its bills that it already racked up. then come up with a longer term plan that could put us back in fiscal good health. america's ability to meet its obligations should not be held hostage to an agreement on s
that hit markets and the wider economy hard, but it didn't cause interest rates to increase. this time could be different, however, because the rest of the world is getting its act together. even successful businesses like ford are worried. here's what ceo alan mulally told me today. >> i think the most important thing to your point is that we come together around a solution that allows us to live within our means, to reduce our budget deficits, and also to deal with our trade deficits,...
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Jan 17, 2013
01/13
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CNNW
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it gets 20% better fuel economy and a cabin that is pressurized so you feel more like sea level. and this plane needs it and that's why it's having some of those problems and it has a global supply chain. these parts for these planes are made all over the world. the fuselage, the main second of the plane is made in italy and right here in seattle, wrark ton, that is the global supply chain. it's all supposed to work really well and there have been a lot of people that criticize that that might be what the problem is. i want to show you the stock price of this -- of boeing. i can't sort of get it to work. let me show it to you. there's your stock chart. if you bought it a year ago, you'll find it's in the same place. while the stock place has come down in a little bit, shareholders don't really care about this. why? because like the 747, a-380 before it, they will get it worked out. but should you buy the stock right now? i spoke to a guy that says probably not. >> even if there is nothing, there is going to be this cloud of uncertainty that because it's an investigation you just
it gets 20% better fuel economy and a cabin that is pressurized so you feel more like sea level. and this plane needs it and that's why it's having some of those problems and it has a global supply chain. these parts for these planes are made all over the world. the fuselage, the main second of the plane is made in italy and right here in seattle, wrark ton, that is the global supply chain. it's all supposed to work really well and there have been a lot of people that criticize that that might...
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Jan 23, 2013
01/13
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FOXNEWSW
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what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone is ready with the know-how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu/knowhow. ♪ >> gretchen: quick reminder. bob massi heading back to florida this month. he'll be hosting a free seminar during our show for all your housing questions. february 7 from 6 to 9:00 a.m. at royal palms yacht club in fort myers, florida. it's free. you need to register by e-mail rebuilding your dreams at foxnews.com. >> steve: better hurry. hey, he's going to stick around for the after the show show. you got another number for us, right? >> yeah, that will be fun. >> gretchen: randy houser. three seconds away. >> brian: see you tomorrow. bill: we want to begin with a story of the day and a fox news alert. for the first time since the terror attacks in lib
what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone is ready with the know-how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu/knowhow. ♪ >> gretchen: quick reminder. bob massi heading back to florida this month. he'll be...
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269
Jan 22, 2013
01/13
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CNNW
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this economy is already in the midst of a fragile recovery. we're continuing towards it becoming more robust, but we can't just keep increasing the debt ceiling in small bites. we've got to make sure we take that off the table, that is nonnegotiable. you have to pay your bills. you can't jeopardize the full faith and credit of the united states. and what we need to do, we agree, and we had that debate during the campaign. the hard-working american taxpayers that he referred to decided that president obama was right. they agreed with him, which is that we need a balanced approach to deficit reduction. we do need to get a handle on spending. we also need to make sure that everybody pays their fair share. >> here's the reaction from the republican leader in the senate, mitch mcconnell. >> one thing that's pretty clear from the president's speech yesterday, the era of liberalism is back. and unabashed ly, far left of center, inauguration speech, certainly brings back memories of the democratic party of ages past. if the president pursues that kind
this economy is already in the midst of a fragile recovery. we're continuing towards it becoming more robust, but we can't just keep increasing the debt ceiling in small bites. we've got to make sure we take that off the table, that is nonnegotiable. you have to pay your bills. you can't jeopardize the full faith and credit of the united states. and what we need to do, we agree, and we had that debate during the campaign. the hard-working american taxpayers that he referred to decided that...
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Jan 23, 2013
01/13
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CSPAN
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economy. in 2010, the oil and natural gas industry added $476 billion to our economy. to top it off, the oil and natural gas industry employs 9.2 million people in america. we are missing out on this opportunity by not exporting l.n.g. we have ignored this opportunity far too long. let's stop relying on middle eastern nations and use more natural gas and export it as l.n.g. that's just the way it is. i yield back. the speaker pro tempore: the gentleman yields back. for what purpose does the gentleman from indiana seek recognition? >> to address the house for one minute. revise and extend my remarks. the speaker pro tempore: without objection, the gentleman is recognized for one minute. >> thank you, mr. speaker. growing up back home on the farm in indiana we all knew that if you don't work, you don't eat. unfortunately that doesn't hold true if you are the majority leader in the united states senate. it's been four years since senate majority leader harry reid has brought a budget to the floor
economy. in 2010, the oil and natural gas industry added $476 billion to our economy. to top it off, the oil and natural gas industry employs 9.2 million people in america. we are missing out on this opportunity by not exporting l.n.g. we have ignored this opportunity far too long. let's stop relying on middle eastern nations and use more natural gas and export it as l.n.g. that's just the way it is. i yield back. the speaker pro tempore: the gentleman yields back. for what purpose does the...